Interchange Fees

EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
May 06, 2019  |  B2B Payments

As European Union (EU) authorities continue to combat interchange fees charged by credit card companies Visa and Mastercard, some are now calling on such regulatory...

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Mastercard, Visa Cut Tourist Interchange In Response To EC Pressure
Mastercard, Visa Cut Tourist Interchange In Response To EC Pressure
April 29, 2019  |  Regulation

The European Commission announced Monday (April 29) that commitments made by Mastercard and Visa to reduce interchange fees are legally binding under European Union antitrust...

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UK Lawsuit Against Mastercard Gains Court Support
UK Lawsuit Against Mastercard Gains Court Support
April 16, 2019  |  Legal

A consumer lawsuit against Mastercard in the U.K. got approval to move forward after a court reversed a ruling by the Competition Appeal Tribunal. According...

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Revolution Payments Tackles Biz Card Fees With Level 3 Data
Revolution Payments Tackles Biz Card Fees With Level 3 Data
April 08, 2019  |  B2B Payments

Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to...

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Russia’s Trade Assoc. Accuses Visa, Mastercard Of Market Power Abuse
Russia’s Trade Assoc. Accuses Visa, Mastercard Of Market Power Abuse
March 01, 2019  |  International

Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. According to RT.com, the Association of Internet Trade Companies,...

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UK Retailers Press For Commercial Card Interchange Fee Caps
UK Retailers Press For Commercial Card Interchange Fee Caps
February 27, 2019  |  B2B Payments

The European Union’s (EU’s) battle against U.S. card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3...

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Card Networks Mull Fee Increase
Card Networks Mull Fee Increase
February 15, 2019  |  Retail

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard,...

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Link, ATM Operator Face Potential Court Fight
Link, ATM Operator Face Potential Court Fight
February 03, 2019  |  Bank Regulation

NoteMachine, one of the biggest ATM operators in the U.K., is threatening to sue Link, the U.K. body that oversees the network of cash machines...

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
January 28, 2019  |  Regulation

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets)...

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